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Showing 1001 - 1010 of 1326 results for "Pandemic"

AMP closes ethical option to super members

ELIZABETH MCARTHUR  |  MONDAY, 6 JUL 2020
... falls in listed markets," the update said. The funds' investments in growth assets were "significantly impacted by the pandemic" and returns from fixed income were neutral to negative. "The virus all but erased the returns generated in 2019," the update ...

Chief economist update: Victoria's secret

BENJAMIN ONG  |  MONDAY, 6 JUL 2020
... be forced to reimpose lockdown restrictions. Hope not. The lead from other countries experiencing a second wave of the pandemic doesn't instil optimism. Several US states have either deferred re-opening or reimposed lockdown restrictions. China ...

Pension fund suffers $235bn loss

JAMIE WILLIAMSON  |  MONDAY, 6 JUL 2020
... markets performed strongly during 2019 even under pressure from the US-China trade negotiations. The global coronavirus pandemic led to investors taking a risk-off stance."

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... Quarters. It was the worst of times... The virtual freezing of social and commercial activity in response to the coronavirus pandemic sent the US equity market's benchmark indices down sharply into a bear market in the first three months of this ...

LEI registrations double

ELIZA BAVIN  |  FRIDAY, 3 JUL 2020
Despite the ongoing impact of the COVID-19 pandemic, Legal Entity Identifier (LEI) registrations doubled in 2019/20, according to APIR Systems. APIR chief executive Chris Donohoe said in response to the increased demand APIR announced it was launching ...

COVID-19 stimulus continues

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... Frydenberg clarified the stimulus measures the government will use to assist Australians in the recovery from the COVID-19 pandemic. Tax relief for low and middle income earners came into effect from 1 July 2020, the offset should see people in this ...

Favour turns to active management

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
Amid the market volatility the COVID-19 pandemic ushered in, a new survey has revealed that sentiment is turning in favour of active investment management. The Natixis Investment Managers survey found that 79% of finance professionals globally and 78% ...

Chief economist update: The post-pandemic problem

BENJAMIN ONG  |  THURSDAY, 2 JUL 2020
... Minister Scott Morrison described the coronavirus outbreak shortly after the World Health Organisation (WHO) declared it a pandemic in mid-March as the Federal government imposed stricter social distancing measures. The words enunciated by other world ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... loans due to unforeseen circumstances or over-commitment," Locke said. Locke said complaints relating to the COVID-19 pandemic were more likely to involve financial difficulty. "Australian consumers have faced a number of significant challenges this ...

Super reform should happen, but not now: Grattan

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... warned that now is not the time to enact sweeping reforms as the nation battles the economic effects of the COVID-19 pandemic. Chief executive of the Grattan Institute John Daley said policy priorities need to reflect the new reality created by the crisis. ...